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We measure the revenue and cost implications to supermarkets of changing their price positioning strategy in oligopolistic downstream retail markets. Our estimates have implications for long-run market structure in the supermarket industry, and for measuring the sources of price rigidity in the...
Persistent link: https://www.econbiz.de/10008873446
Observed contracts in the real-world are often very simple, partly reflecting the constraints faced by contracting firms in making the contracts more complex. We focus on one such rigidity, the constraints faced by firms in fine-tuning contracts to the full distribution of heterogeneity of its...
Persistent link: https://www.econbiz.de/10011183913
This paper reports on the development and implementation of a large-scale, marketing analytics framework for improving the segmentation, targeting and optimization of a consumer-facing firm's marketing activities. The framework leverages detailed transaction data of the type increasingly...
Persistent link: https://www.econbiz.de/10011183955
Persistent link: https://www.econbiz.de/10009263549
Persistent link: https://www.econbiz.de/10009263551